Background*

Mr. Lam Kwong-Wai serves as Secretary, Qualified Accountant of Chinese Estates Holdings Ltd and served as its and Group Financial Controller at which Mr. Lam joined in 1989. Mr. Lam has been Group Financial Controller and Company Secretary of Kwong Sang Hong International Ltd. since 1998. He joined Chi Cheung Investment Company Ltd. ('Chi Cheung') in 2000 and also serves as Qualified Accountant and Group Financial Controller. He has been Company Secretary and Group Financial ... Controller of G-Prop Holdings Ltd., since January 5, 2007 and November 2003 respectively. Mr. Lam served as Financial Controller of Common Splendor International Health Industry Group Limited since November 2003 and served as its Company Secretary. He served as Qualified Accountant of G-Prop Holdings Ltd. He served as a Secretary of Chi Cheung Investment Company Ltd. He has over 28 years of experience in auditing, finance and accounting. He has been a Non Executive Director of Common Splendor International Health Industry Group Limited since August 6, 2012 until March 8, 2013. He has been a Non Executive Director at LT Commercial Real Estate Limited since February 7, 2013. Mr. Lam has been an Executive Director of Chinese Estates Holdings Ltd., since June 12, 2012. He served as a Director of Lifestyle International Holdings Ltd. from January 5, 2004 to March 25, 2004. He is a qualified accountant and holds a Master Degree in Business Administration from the University of Warwick, United Kingdom.

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